The Largest Contributor to Productivity Increases Is ________, Estimated to Be

question 124

Multiple Choice

The largest contributor to productivity increases is ________, estimated to be responsible for ________ of the annual increase.

• A) management; over one-half
• B) Mr. Deming; one-half
• C) labour; two-thirds
• D) capital; 90%
• E) technology; over one-half

---

Definitions:

Reasonably Safe Conditions

Conditions that do not present a significant risk of harm to individuals and are maintained according to accepted standards of safety.

Agency Contract

A legal agreement where one party, the agent, acts on behalf of another party, the principal, in business transactions.

More Than One Year

Typically refers to obligations or assets that have a life or duration longer than one year from the current date.

Agency Terminates

The conclusion or end of an agency relationship between a principal and agent, which can occur through mutual agreement, completion of the task, or by other legal means.